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2/27/2011 11:27PM

Asia Today: Twitter Sparks J.P. Morgan's Interest

J.P. Morgan's new digital growth fund eyes Twitter for a possible minority stake. What does it mean for the red-hot microblogging service and others in the Internet sector? WSJ Technology Editor Yun-Hee Kim discusses with Andrew LaVallee.

This transcript has been automatically generated and may not be 100% accurate.

... Twitter to take a minority stake in the rapidly growing microblogging company forces held aloft ... this is Asia's today I'm here today with ... allowing ... editor at The Wall Street Journal to talk about this ... and here what are we hearing from sources ... so this is the time you just go for phones as part of JPMorgan ... and what we're hearing is that they are in talks with Twitter to ... provide investments the company that would value it a little over four billion dollars ... and ... and and it can be a big announcement so what does this mean for Twitter's future I think what it means for Twitter is ... hiking in the company that has gotten a lot of buzz there's a lot of interest on the ... street ... in Gopalan Facebook among other companies have expressed interest in buying it ... and sweater for its part has set off a lot publicly about on ... these talks they've said that a consensus Ostby focus on staying independent ... on an over the past year so you see a lot of their attention being ... focused on growing the company ... by adding employees making the product more stable house and making figure out a way to make money ... on their only real revenue channel so far has been the soft sort of ... paid tweets that marketers can sign up for a bomb it's fairly small products but they said they expected to bring about a hundred fifty million in revenue this year due to a bigger potential investment which would be good for Twitter's future right ... um we've seen a lot of interest from high-profile banks into the Internet start-up sector ... what does this mean for the sector as the only are the implications ... I think for the sector reported continued to see ... um a lot of attention on ... the small number ... of companies that are really hot Opera securely Internet companies there are faults and online gaming ... social media ... is he a lot of discussion recently about group on ... in another one that is ... in getting some most recently his anger ... this is ... an online gaming company that has been using Facebook and other social networks is cut their platform ... aam there are also believed to be in talks with investors aam and ... obviously companies like Facebook and Twitter are companies that there's some speculation that to go public ... there can continue to have lots of investor interest lots of people following their every move you to so far we're hearing this from sources but Tara ... any hints on whether the company might come from the News Times and it's it's too early to say we don't have a whole lot of details on on the deal ... on the we know that this is something the JPMorgan ... has expressed interest in Palm Pre recently reported that they were developing this fungus can be focused on digital